why us
Flexible funding
for founders
by founders
-
A unique hybrid model of
equity
and revenue sharing -
Founders dilute
less equity and
maintain more control - INR 1.5Cr investment
-
Mentorship and access
to Blink network
Frequently asked questions
Why is the fund called Coast?
We believe the prevalent funding options available to founders today are sub-optimal and cater only to a select few. One on hand, Venture Capital is notoriusly known to chase Unicorns - they seek outlandish returns (think 10x) and typically have a 'Go Big or Go Home' ethos. While on the other hand, Debt funding can hurt cashflow and increase the risk of isolvency and bankruptcy during a downturn. As a result 90% of startups fail as they are unable to cope with the pressure to deliver outlandish returns or service enormous amounts of debt. Which is why we created Coast to serve as a paradigm shift to funding where the focus is to grow the business sustainably without over-pressurising founders. With our unique hybrid model of Equity and Revenue Based funding, founders can grow their business more organically, allowing them to 'coast' instead of 'failing fast'.
Who is funding Coast?
Coast is powered by Blink Digital - an award winning full service digital agency that lies at the intersection of creativity, data and technology. Established in 2014, Blink has helped scale over 500 D2C startups as well as helped grow Fortune 500 companies such as Amazon, KFC, Johnson & Johnson, Intel, Unilever and ICICI Bank.
How is Coast fund different from other forms of capital?
When founders raise capital for their business, they typically have to choose between rasing capital via Equity, Debt or Revenue Sharing. Our unique hybrid structure of Equity and Revenue Based financing makes us different from others as it offers flexibility to founders to rasie capital to meet their needs without having to dilute more equity than necessary, thus maintianing more control over their business and increasing future value.
Do you offer a credit line or working capital loan?
No, we do not offer any debt financing such as working capital loans, credit lines or convertible notes. Debt financing creates disalignment with founders since they need to pay interest, irrespective if they make revenues or not. We believe in algining with founders which is why we do only Equity and Revenue Based Financing. Simply put - a gain for the business is our gain and a loss for the business is our loss.